(MENAFN – ProactiveInvestors – Australia) Jaguar Minerals has successfully raise 1.65 million to fund exploration on its Colombian base and precious metal projects as well as existing Australian joint venture project.

The company has also completed the acquisition West Rock Resources, which owns one fully granted tenement covering a total land area of about 1,998 hectares, near the town of Tarso in the Southern Antioquia region of Colombia.

This is also close to the world class deposits of Marmato and Titiribi.

West Rock also has an option to acquire up to 90% in the Urrao Project, which is part of the Choco porphyry copper belt.

Jaguar will also change its name to Pacifico Minerals tomorrow with the new ticker PMY.